CLS Group’s July Trading Volumes Hold Steady

by Jeff Patterson
  • CLS' FX volumes were unable to build on last month's success, though largely retained recent gains in July.
CLS Group’s July Trading Volumes Hold Steady
Finance Magnates

CLS Group has reported its latest volumes and aggregation services statistics for the month ending July 2017. While volumes saw a slight retreat on a monthly basis across the board, the reading in July remains unseasonably high helped in part by an uptick in Volatility and an erosion of the USD during the month to multi-year lows.

The London Summit 2017 is coming, get involved!

The latest results were also commensurate with other institutional venues, many of which unable to see broader gains in July as big money has remained on the sidelines for the past few months. July 2017 did feature a number of market drivers, with the USD being one of the most active given its decline against most majors, influenced by a number of political scandals – a recurrent theme in 2017.

In terms of July 2017, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, was reported at $1.6 trillion during the month. This corresponded to a decline of 2.4 percent month-over-month from a figure of $1.64 trillion set back in June 2017. Overall, this reading did manage to best its July 2016 counterpart, en route to a year-over-year increase of 11.9 percent from $1.43 trillion.

In addition, the latest batch of statistics included a Swaps figure of $1.04 trillion in July 2017, falling on a monthly basis against $1.08 trillion in June 2017, or -3.7 percent month-over-month. Once again, the latest figures represented an improvement over 2016, growing by 13.7 percent year-over-year basis from $915.0 billion in July 2016.

Looking at spot FX volumes, the group reported $453.0 billion in July 2017, virtually unchanged month-over-month from $455.0 billion in June 2017. This tepid change was slightly inverted positively over a year-over-year interval, notching an advance of 1.6 percent from $446.0 billion in July 2016.

Finally, forwards came in at $101.0 billion in July 2017, reflective of a month-over-month drop of 6.5 percent from $108.0 billion in June 2017 – forwards also advanced by a much broader margin compared to July 2016, climbing 46.4 percent year-over-year from $69.0 billion.

CLS Group has reported its latest volumes and aggregation services statistics for the month ending July 2017. While volumes saw a slight retreat on a monthly basis across the board, the reading in July remains unseasonably high helped in part by an uptick in Volatility and an erosion of the USD during the month to multi-year lows.

The London Summit 2017 is coming, get involved!

The latest results were also commensurate with other institutional venues, many of which unable to see broader gains in July as big money has remained on the sidelines for the past few months. July 2017 did feature a number of market drivers, with the USD being one of the most active given its decline against most majors, influenced by a number of political scandals – a recurrent theme in 2017.

In terms of July 2017, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, was reported at $1.6 trillion during the month. This corresponded to a decline of 2.4 percent month-over-month from a figure of $1.64 trillion set back in June 2017. Overall, this reading did manage to best its July 2016 counterpart, en route to a year-over-year increase of 11.9 percent from $1.43 trillion.

In addition, the latest batch of statistics included a Swaps figure of $1.04 trillion in July 2017, falling on a monthly basis against $1.08 trillion in June 2017, or -3.7 percent month-over-month. Once again, the latest figures represented an improvement over 2016, growing by 13.7 percent year-over-year basis from $915.0 billion in July 2016.

Looking at spot FX volumes, the group reported $453.0 billion in July 2017, virtually unchanged month-over-month from $455.0 billion in June 2017. This tepid change was slightly inverted positively over a year-over-year interval, notching an advance of 1.6 percent from $446.0 billion in July 2016.

Finally, forwards came in at $101.0 billion in July 2017, reflective of a month-over-month drop of 6.5 percent from $108.0 billion in June 2017 – forwards also advanced by a much broader margin compared to July 2016, climbing 46.4 percent year-over-year from $69.0 billion.

About the Author: Jeff Patterson
Jeff Patterson
  • 5344 Articles
  • 90 Followers
About the Author: Jeff Patterson
Head of Commercial Content
  • 5344 Articles
  • 90 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}